Charles & Colvard, Ltd. (NASDAQ:CTHR) Now Covered by StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Charles & Colvard, Ltd. (NASDAQ:CTHR) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Charles & Colvard, Ltd. Stock Performance

Charles & Colvard, Ltd. stock opened at $1.45 on Friday. The company has a 50-day simple moving average of $1.47 and a 200-day simple moving average of $1.50. The firm has a market capitalization of $4.51 million, a P/E ratio of -0.25 and a beta of 1.42. Charles & Colvard, Ltd. has a one year low of $1.16 and a one year high of $4.30.

Charles & Colvard, Ltd. Company Profile

Charles & Colvard Ltd. engages in the manufacture and distribution of moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. It operates through the following business segments: Online Channels and Traditional. The Online Channels segment refers to the e-commerce outlets, including charlesandcolvard.com, third-party online marketplaces, drop-ship, other pure-play, and e-commerce outlets.